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Borealis Mining CoBORMF -1.00%13 Equity-to-Asset is 0.54 as of Apr. 2026. GuruFocus rates BORMF with a GF Score™ of 13/100. The stock has 3 warning signs investors should review. Among 2,675 Metals & Mining companies, Borealis Mining Co ranks worse than 70.62% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Borealis Mining Co's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $17.50 Mil. Borealis Mining Co's Total Assets for the quarter that ended in Apr. 2026 was $32.61 Mil.
Therefore, Borealis Mining Co's Equity to Asset Ratio for the quarter that ended in Apr. 2026 was 0.54.
The historical rank and industry rank for Borealis Mining Co's Equity-to-Asset or its related term are showing as below:
BORMF'
s Equity-to-Asset Range Over the Past 10 Years
Min: -6.83 Med: -0.29 Max: 0.56
Current: 0.54
During the past 3 years, the highest Equity to Asset Ratio of Borealis Mining Co was 0.56. The lowest was -6.83. And the median was -0.29.
BORMF's Equity-to-Asset is ranked worse than 70.62% of 2675
companies
in the Metals & Mining industry
Industry Median: 0.81
vs BORMF: 0.54
Borealis Mining Co (OTCPK:BORMF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Borealis Mining Co Equity-to-Asset Related Terms
Borealis Mining Co Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Borealis Mining Co's Equity-to-Asset can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Other Industrial Metals & Mining subindustry, Borealis Mining Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Borealis Mining Co Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Borealis Mining Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Borealis Mining Co's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Borealis Mining Co's Equity to Asset Ratio for the fiscal year that ended in Jul. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Borealis Mining Co (BORMF) has a Equity-to-Asset of 0.54 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Borealis Mining Co and its competitors. According to the industry distribution chart, Borealis Mining Co ranks #1889 out of 2675 companies in the Metals & Mining industry, placing it in the top 70.6%.
Is Borealis Mining Co's Equity-to-Asset too high?
Borealis Mining Co's current Equity-to-Asset is 0.54. The Metals & Mining industry median Equity-to-Asset is 0.81. Borealis Mining Co's value of 0.54 is 33.3% below this industry median. Based on the distribution chart, Borealis Mining Co ranks #1889 out of 2675 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Borealis Mining Co has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Borealis Mining Co's Equity-to-Asset compare to ?
According to the Metals & Mining industry distribution chart, Borealis Mining Co ranks #1889 out of 2675 companies for Equity-to-Asset. This places Borealis Mining Co in the lower half of its industry. The industry median Equity-to-Asset is 0.81. Borealis Mining Co's value of 0.54 is 33.3% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.81, based on 2,675 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Borealis Mining Co's current Equity-to-Asset of 0.54 is 33.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Borealis Mining Co and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borealis Mining Co's current Equity-to-Asset is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borealis Mining Co stock overvalued right now?
Borealis Mining Co (BORMF) has a current Equity-to-Asset of 0.54. The current Equity-to-Asset is 0.54 and 33.3% below the Metals & Mining industry median of 0.81. Borealis Mining Co's overall GF Score™ is 13/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Borealis Mining Co (BORMF), the current Equity-to-Asset is 0.54 as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Borealis Mining Co Ltd is an exploration and development stage mining company engaged in the business of acquiring and exploring mineral properties. The company's principal project is the Borealis Project which is a fully permitted silver-gold mine, absorption, desorption, and refining plant, located near Hawthorne, Nevada. The Gold Bull Resources includes two projects: Sandman project Sandman Resources Inc and Big Balds project by GRU Resources Corp.
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